President Michel Aoun will head a delegation to Jordan on Tuesday to partake in the 28th Arab League summit which will be held in Amman, and to hold talks with several Arab leaders, media reports said on Monday.

Prime Minister Saad Hariri will accompany Aoun and so will Foreign Minister Jebran Bassil and Minister of Economy and Trade Raed Khoury.

The Progressive Socialist Party on Sunday announced that it is “open” to all electoral law formats while stressing that it will not accept to be “marginalized.”

MP Nawwaf al-Moussawi of Hizbullah's Loyalty to Resistance bloc announced Sunday that his party will seek to impose taxes on bank profits and the country's business tycoons.

Al-Mustaqbal Movement Secretary-General has stressed that his movement is against any sectarian electoral law under which each sect would elect its own MPs, noting that “those who came up with a solution for the presidential void crisis are capable of finding a solution for the electoral law.”

Free Patriotic Movement chief Jebran Bassil on Sunday noted that the political parties are discussing the proportional representation portion of the electoral law, renewing his rejection of parliamentary vacuum, another extension of parliament's term, and the controversial 1960 law.

Maronite Patriarch Beshara al-Rahi on Sunday noted that “all politicians in Lebanon will not be able to make any initiative unless they rise above their private interests that are being fulfilled at the expense of public welfare and the state's treasury.”

Change and Reform bloc secretary MP Ibrahim Kanaan has stressed that the country is headed for “a new electoral law through which all components will be represented,” noting that the Free Patriotic Movement has practiced real “opposition” throughout its history.

Daylight-saving time will begin in Lebanon at midnight where clocks should be set an hour ahead as per a decree issued by cabinet earlier this month.

The move will put Beirut 3 hours ahead of Greenwich Mean Time.

The American University of Beirut will pay $700,000 to settle a U.S. lawsuit over allegations it provided "material support" to entities linked to Hizbullah, U.S. officials said.

AUB confirmed in a statement Friday it was settling the lawsuit, which charged it had violated the terms of grants it received from U.S. Agency for International Development (USAID).

After Israel's announcement that it will submit a bill to the Israeli Knesset annexing a disputed maritime border area with Lebanon, Lebanese authorities have sent a letter to the United Nations and Security Council denouncing the move and warning of the repercussions, media reports said on Saturday.

The Israeli move has put Lebanon on alert at the political and diplomatic levels. Prominent political figures have questioned the objectives that Israel seeks to achieve at this particular time, said al-Joumhouria daily.